RBC, BMO see initial writedowns, long-term earnings bump after U.S. tax changes

Tax changes signed by Trump late last year cut the corporate income tax rate to 21 per cent, from 35 per cent.

from Toronto Star | BUSINESS | PERSONAL_FINANCE https://www.thestar.com/business/personal_finance/investing/2018/01/09/rbc-bmo-see-initial-writedowns-long-term-earnings-bump-after-us-tax-changes.html